Welcome to our dedicated page for Presidio Production news (Ticker: FTW), a resource for investors and traders seeking the latest updates and insights on Presidio Production stock.
Presidio Production Company reports news about its role as a U.S. oil and gas operator focused on acquiring and optimizing producing wells. Recurring company updates include earnings release schedules, operating and financial results, dividend declarations, producing-well acquisitions and material agreements for asset purchases.
Company announcements also cover Presidio's transition into a public operating company after its completed business combination, along with capital-structure, governance and risk-related matters. News disclosures describe a yield-focused model built around low-decline producing wells, Mid-Continent operations and a regular quarterly dividend framework.
Presidio Production Company (NYSE: FTW) will release its second quarter 2026 results on Tuesday, August 11, 2026, and host an earnings conference call on Wednesday, August 12, 2026, at 11:00 AM ET / 10:00 AM CT to review financial results and business highlights.
The call will be webcast on Presidio’s investor relations website and accessible by telephone at (877) 407-0784. A replay will be available until August 26, 2026 via (844) 512-2921 or (412) 317-6671 (international) with passcode 13761597.
Presidio Production Company (NYSE: FTW) closed its acquisition of Canyon Creek assets from Vortus-controlled and other sellers, marking its first Arkoma Basin entry and second deal as a public company. The $83 million purchase, partly funded by a $55 million draw on a $1.0 billion ABS Warehouse Facility, adds about 21 MMcfe/d of low-decline PDP production and an estimated $100 million PV-10. Presidio expects the transaction to support raising its anticipated annualized dividend from $1.35 to $1.50 per share, subject to board approval, and projects year-one free cash flow and levered returns both above 20%. The deal includes issuing 1,962,240 new Class A shares and is backed by an extensive commodity hedging program.
Presidio Production Company (NYSE: FTW) announced its inclusion in the S&P Total Market Index and the S&P Completion Index, effective June 22, 2026. The company expects this to expand its shareholder base and enhance trading liquidity.
Presidio highlights disciplined PDP operations, a dividend strategy, and its AI-driven Asset Intelligence Platform as key drivers behind this milestone, which follows less than four months after its NYSE listing.
Presidio Production Company (NYSE: FTW) closed a $350 million investment grade ABS refinancing at a 6.38% weighted-average coupon, 184 bps below its prior ABS. The notes comprise $175 million 5.902% Class A-1 and $175 million 6.717% Class A-2, each due 2041.
$263 million refinanced existing ABS, $37 million repaid its RBL, $35 million funded added hedges, with the remainder for fees and corporate purposes. The RBL now has a $65 million undrawn borrowing base, reduced amortization via an ARD structure, and enhanced liquidity for growth and dividends.
Presidio Production Company (NYSE: FTW) reported bifurcated first quarter 2026 results following its March 4 business combination and NYSE listing. The company declared an annualized dividend of $1.35 per share and expects to increase this to $1.50 after closing the Canyon Creek acquisition.
Presidio launched an AI-focused Asset Intelligence Group via FTW Technologies, targeting 3–5% 2026 production growth and reporting about 1% uplift through April. Net production averaged 22 MBoe/d in the successor period. Management guides to approximately $30 million of Adjusted EBITDA for second quarter 2026 and reports leverage of about 2.2x.
Presidio (NYSE: FTW) executed definitive purchase and sale agreements to acquire the Canyon Creek assets for approximately $83 million, funded with $60 million cash and 2,173,913 shares. The deal uses Presidio’s first draw on a $1.0 billion Goldman Sachs ABS Warehouse Facility and targets closing early Q3 2026. Canyon Creek: ~21.4 MMcfe/d PDP (70% gas), 11% decline, PV-10 ≈ $100 million, and expected levered returns >20%. Management expects the acquisition to support raising the annual dividend to $1.50 per share.
Presidio (NYSE: FTW) will release first quarter 2026 financial results on Friday, May 15, 2026 and hold an earnings conference call at 11:00 AM ET / 10:00 AM CT. The call will be webcast on the company's investor relations website and archived for replay through May 29, 2026.
Presidio (NYSE: FTW) declared its first dividend as a public company: a special cash dividend of $0.10125 per share, representing a pro rata portion of an anticipated quarterly rate of $0.3375 (annualized $1.35 per share).
The Q1 2026 special dividend covers March 5–March 31, 2026, is payable May 18, 2026 to holders of record on May 4, 2026, and the company established an anticipated quarterly dividend schedule through Q1 2027, subject to Board approval each quarter.
Presidio Production Company (NYSE: FTW) celebrated its debut on the New York Stock Exchange, with leadership ringing the bell on March 5, 2026. The company said it completed a business combination to list publicly and operates over 2,000 producing wells across Texas, Oklahoma, and Kansas.
Presidio emphasized a non-drilling, yield-focused strategy that targets minimal capital investment, substantial free cash flow, and cash distributions to shareholders; it also dispatched an additional workover rig to target near-term oil production amid rising oil prices.
Presidio Production Company (NYSE: FTW) completed a business combination with EQV Ventures Acquisition Corp. and began trading March 5, 2026, creating a public company with a $735 million enterprise value and anticipated 12.2% dividend yield. The deal included $350 million of equity proceeds and a $1 billion Goldman Sachs ABS warehouse facility.
Presidio closed an initial asset acquisition, reported ~50% operating cost reduction on day one, and expects a starting dividend of $1.35 per share, rising to $1.50 after the Arkoma acquisition.